“We are confident in our long-term growth strategies and our unique positioning of offering the high-touch service of an independent combined with the value and convenience of a national brand,” said President and Chief Executive Officer Charles Tyson. “In light of the current macroeconomic environment, we believe it is prudent to slow our new store opening cadence and allocate capital toward share repurchases under our current authorized plan.”
Capital One Upgrades Transocean to Overweight, Announces $4.5 Price Target
Capital One analyst Luke Lemoine upgrades Transocean (NYSE:RIG) from Equal-Weight to Overweight and announces $4.5 price target.
